I'm only sorry for those who get distracted by the recent hacks and went into active selling of their bitcoin. Anyone who understands bitcoin and exchange won't go on to sell their bitcoin because everyone knows that the losses was to be taken care of by the exchange. Bitcoin is still very cheap now and whales understand it very well and that is why they're using the opportunity to buy more bitcoin now. This current Buying by Strategy will remind investors that bitcoin is still a good asset.
Some people only profess that bitcoin is a good asset but do not practice it by buying continuously. They still have some fears due to present hacks, perhaps they'll stop being distracted and go back to buying bitcoin now.
I've been thinking about the same thing. I don't understand why people are panicking when any money that was stolen is not going to cost anyone anything other than Binance itself because they have announced that they are going to take care of all the funds that were stolen from their users, and if I'm not wrong, they have already complete 90% of the refunds as I have also received an email about the update. I think this should be enough reason for people to calm down, such things happen in financial markets and financial industries, and people will need to learn to deal with these things as well.
Those who are panicking right now when they know they are getting their money back should think about those who lost their bitcoins in the coldcard attack, because none of them got anything back and they lost everything they had, which is extremely sad, and that was an incident that was worth mourning over by the users, but this time, it's the exchange that has taken the hit, and I'm pretty sure Binance can handle it being the largest centralized exchange in the world.
So, people need to stop panicking, and focus on their activities, whether trading or investments.